Job Description

Roles & Responsibilities

Responsibilities

Insurance Program Management

• Design, implement, and manage comprehensive insurance programs for project finance

transactions, including construction all-risk, operational risks and equity political risk

insurance.

• Liaise with project developers, contractors, lenders, and insurance brokers to secure

adequate coverage for all stages of the project (development, construction, and

operation).

• Review of Insurance policy for full coverage, lenders endorsement and all related

documentation

• Ensure all insurance requirements under financing agreements and project contracts are

met.

• Manage the maintenance, development, performance, governance, administration and

delivery of the insurance provision for the Group to produce an efficient service and

delivery solution, maximizing efficiency, performance and best value against pre-agreed

targets.

• Adhere to agreed criteria and budgets and plan to maximize efficiency, best value and

performance.

Job Description

Insurance Manager

Claims Management

• Oversee and manage insurance claims with insurance broker/insurers related to

construction and/or operations, ensuring that all claims are processed effectively and in a

timely manner.

• Work with project teams, contractors, and insurers to assess and process claims,

minimizing financial exposure.

• Ensure that claims are redirected to service providers wherever possible and ensure the

terms and conditions of contracts are clear and robust.

• Lead negotiations with insurers to maximize recoveries and resolve disputes around

claims.

Job Description

Insurance Manager

Person Specification

Experience

Requirements

• Minimum of 5 years of experience in insurance management within

project finance, construction, or renewable energy projects.

• Proven experience working with complex project finance structures,

including equity investments and project financing.

• Experience managing claims and political risk insurance in

international projects

Education

Requirements

• Bachelor’s degree in Finance, Risk Management, Law, Business

Administration, or a related field. A Master’s degree or professional

certification (i.e., CPCU, ARM) is a plus

Required Role

Related/Technical

Skills

• Familiarity with multilateral insurers (i.e., IFC, FMO, DEG-KfW,

AfDB, etc.), international financial institutions and export credit

agencies.

• Experience with renewable energy, infrastructure, or large-scale

industrial projects.

• Familiarity with regulatory requirements for project finance and

insurance in different jurisdictions.

Equity Insurance

• Evaluate and secure equity political risk insurance for projects operating in high-risk

geographies or jurisdictions, covering risks such as expropriation, political violence,

currency inconvertibility, and contract breaches by host governments.

• Advise on the structuring of insurance policies to support project equity returns and

mitigate downside risks.

Job Description

Insurance Manager

Interpersonal/

Behavioural Skills

• Resilience under pressure

• Stakeholder management

• Developing others

• Negotiation

• Organization and planning

• Written and oral communication

Insurance Manager AMEA Power

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